Current Attempt in Progress Basis Furniture Ltd. uses a perpetual inventory system and has a beginning irventory, as at June 1, of 500 bookcases at a cost of $125 each. During June, the company had the following purchases and sales of bookcases: Determine the cost of goods sold and the cost of the ending inventory using the average cost formula. (Use unrounded numbers for average cost calculations. Round answers to 2 decimal places. eg 5.52.) Cost of goods sold Cost of the ending inventory Attempts: 0 of 1 used